- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Landlord Policy in EBR
Posted on 1/22/18 at 12:00 pm
Posted on 1/22/18 at 12:00 pm
Turning a house I own/lived in for last 8 years into a rental. Homeowners isn't applicable anymore obviously. Need a landlord policy to encompass wind and such. Allstate doesn't write them and apparently not a lot of big names do. House is in EBR.
Anyone have a company they can recommend that's better than LA citizens?
Anyone have a company they can recommend that's better than LA citizens?
9
Posted on 1/22/18 at 12:54 pm to Broken Ear Glen
I always did a traditional homeowners policy and added a separate 300K Liability Policy. Shelter Insurance has a 300K Liability for like $120 a year.
Posted on 1/22/18 at 1:08 pm to tigereye58
Still going to need a policy on the dwelling though. That would just cover me, right?
Posted on 1/22/18 at 1:13 pm to Broken Ear Glen
I've heard USAA writes them but I keep forgetting to get a quote... I use ASI....
I also have an umbrella that covers as well for additional liability.
I also have an umbrella that covers as well for additional liability.
This post was edited on 1/22/18 at 1:52 pm
Posted on 1/22/18 at 2:08 pm to Broken Ear Glen
I did the same thing with a house I lived in. I called Liberty Mutual and told them it would be a rental going forward, and they adjusted my policy as such. Still pretty much a normal homeowners policy, just doesnt cover the tenants possessions.
I also have 1 million umbrella for like $300 a year.
You may want to contact an independent agent, and get them to find good prices for you.
I also have 1 million umbrella for like $300 a year.
You may want to contact an independent agent, and get them to find good prices for you.
This post was edited on 1/22/18 at 2:09 pm
Posted on 1/22/18 at 2:54 pm to Broken Ear Glen
I know Gulfstream writes in LA. They are all expensive since there is so little competition.
Posted on 1/22/18 at 3:45 pm to Broken Ear Glen
State Farm covers rentals, and from what I understand, offers good rates.
Posted on 1/22/18 at 5:01 pm to Broken Ear Glen
I just used Lloyd's of London and Geovera Specialty to insure a couple homes in BR.
Both roughly 1200/yr for $150k in structure.
Both roughly 1200/yr for $150k in structure.
Posted on 1/22/18 at 8:08 pm to lsujro
Not according to my State Farm Agent.
Posted on 1/22/18 at 10:25 pm to BamaCoaster
Geovera was my insurer but it was through allstate. My agent just told me geovera won't write for rental property.
Posted on 1/23/18 at 2:41 am to Broken Ear Glen
I have a rental with Allstate.
Almost identical to homeowners, excluding the tenant's belongings.
It my be a few bucks more, also.
Almost identical to homeowners, excluding the tenant's belongings.
It my be a few bucks more, also.
Posted on 1/23/18 at 8:26 am to Broken Ear Glen
For my rental, I go through an independent agent and ended up with a policy from Foremost and have been pleased.
Posted on 1/23/18 at 8:27 am to SaDaTayMoses
Is it in EBR?
Posted on 1/23/18 at 10:02 am to Broken Ear Glen
You want a dwelling-3 policy. That's the correct policy type for insuring a rental property. Contact an independent agent...should look at Gulfstream, Lighthouse, UPC, and ASI. All of those carriers write policies that include wind/hail.
Almost anyone is better the LA Citizens. Besides Citizens' service sucking, they don't offer liability coverage or loss of rent coverage on their dwelling policies.
quote:
Anyone have a company they can recommend that's better than LA citizens?
Almost anyone is better the LA Citizens. Besides Citizens' service sucking, they don't offer liability coverage or loss of rent coverage on their dwelling policies.
Posted on 1/23/18 at 6:29 pm to Broken Ear Glen
No. Evangeline Parish
Posted on 1/24/18 at 7:14 am to Broken Ear Glen
quote:
My agent just told me geovera won't write for rental property.
Weird.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News